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Petco Printable Coupon: 50% off Entire In-Store Purchase EXPIRED

epicd2012 506 1,088 September 14, 2012 at 03:19 PM in Brick & Mortar (B&M) (9) More Petco Deals
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Promoted 09-15-2012 by yuugotserved at 12:04 PM View Original Post
Petco Stores [Store Locator] offer 50% off Your Entire Purchase with this Printable Coupon. Offer valid today only. Thanks scottl266 & velocityhead

Note, you must be Pals Rewards Member (free to join)
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Original Post

Edited September 16, 2012 at 12:15 PM by epicd2012
I received an e-mail from Petco with mystery savings at B&M stores on Saturday, September 15th 2012. The savings levels possible are 10%, 15%, 25%, 50% off your ENTIRE purchase. Thanks to velocityhead for figuring out the percentage levels!

This discount is only good on SATURDAY 9/15 and you need a PALS card [petco.com]! Remember to ACT SURPRISED when you get 50% off - it's supposed to be a mystery!

Coupon terms:
Mystery savings amount of 10%, 15%, 25%, or 50% will be applied at checkout. Present coupon and Pals Rewards card to receive this offer. Not valid on the purchase of gift cards, prior purchases, online or with any other coupon offer. Void if copied, transferred and where prohibited by law. Single-use coupon, limit one per household. Valid at either Petco or Unleashed by Petco. Valid on in-stock products only (not services, such as Grooming). Selection varies by store. Valid only on 9/15/12.

Update 9/16:
See my statement below in regards to the usage of this coupon.
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.

Community Wiki

Last Edited by timzwang September 23, 2012 at 12:24 PM
For all those saying Petco lost a ton of money on this:
Quote from Phasers View Post :
Petco is not publically traded, but petsmart is, and has a profit margin of about 30%. Because of this I think we can reasonably assume that petco's profit margin is about the same.

Keeping in mind that overall profit margin factors in labor and real estate costs, as well as utilities and of course merchandise costs, then it is very safe to assume that the merchandise markup must be way more than 30% to offset these other expenses in order to have an overall 30% profit margin. Aside from the variable cost of merchandise, the labor and real estate costs and utilities are fairly fixed costs: i.e. Paid regardless of sales volume amount (paid if the store has $0 sales or $10,000 sales).

Therefore, I think it is quite reasonable to assume the markup on retail items is probably at least 100% vs wholesale costs. So this coupon for 50% off probably means for one day Petco averaged selling at around wholesale price. Good for revenue, bad for profit margin, probably didn't lose much money, if any.

To clarify the math- for every $100 petco currently sells we can assume $30 is profit, based on petsmarts profit margin.

Now let's assume that out of that $70, only $40 is the wholesale cost of merchandise. This means $30 is allocated to the fixed costs of labor, etc I laid out above.

Continuing on, let's say Petco sells the $100 of merchandise for $50. The variable cost of the merchandise in this case is still $40, so petco is 'making' $10 off the sale. Now that $10 might not cover the $30 in fixed costs above, but those fixed costs would have been paid REGARDLESS. This means if petco had not sold anything, they still would have paid that $30.

Now, assume because of this promotion, petco sold 5 times as much stuff as it would normally have sold. This means $500 worth of merchandise where it would have normally sold only $100.

The sales price was $250, the variable cost was $200 ($40 x 5). The fixed cost remains the same, at $30. So petco still made $20 overall in this scenario, just at a lower profit margin.

Considering the lowest coupon amount was 10% off, anyone with a coupon at a normal sales volume level buying their regular $100 worth of stuff would have paid $90, and petco would have made the same $20 profit, albeit at a much higher margin percentage.

TL;DR: I may not have exact numbers, but I do in fact have a good idea what petco's margins are.
This ended on September 15th

Petco changed the 50% off page at about 2PM PST so it prints a 10% coupon. DO NOT USE 50% LINK IN THE OP - it's 10% now.

PETCO CHANGED THE DIRECT LINK TO THE COUPON GRAPHIC at ~5pm PST

THERE ARE NO LEGITIMATE SOURCES FOR THE COUPON NOW, ONLY PDF AND JPG IMAGES. Stores have been told to limit the coupon to a max savings of $25, so if you have a 50% off, only buy $50 worth of stuff. (Who wants to call corporate and complain if you are an actual P.A.L.S member?)




50% off works EVERYWHERE.

Screen grab of 50% coupon: https://slickdeals.net/forums/showpost.php?p=53237084&postcount=618

PDF file was printed directly from the OP link before Petco changed it. On the bottom part of the page, it has the petco website link.

If you're in Long Island NY - Go to the Wantagh Grand Opening - Special deals on everything, combined w/ coupon Realllllyy Slick

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Joined Jan 2010
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#31
Quote from jrflyaa View Post :
it says single use coupon--does that mean after the first person presents it and it is scanned that it will come up used for the rest?
No, it's not a unique barcode. Though the percentage of people that get taken to the 50% off coupon by clicking their email is probably very low - like 1%. So ACT SURPRISED if you use the 50% off coupon and it works.
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#32
Awesome! Need some new filters for my turtle tank. Thanks OP!
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#33
.....
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Last edited by AreWeThereYet October 13, 2012 at 11:59 PM.
#34
I wonder if the code is somehow tied to your petco pals perks card ????
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#35
THIS IS TOO GOOD! Please work!!!
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#36
Quote from scottl266 View Post :
LOL... I don't want Petco to go broke but it's just too good a deal to pass up. Good thing for them it's only one day. Good luck!
Trust me, that $1000 bird, number one only cost them about $300, but the person wanting to buy it, should consider themselves a hero for saving them from the mistreatment they receive at the store.
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#37
anyone care to recommend a brand for flea and tick prevention drops for a kitten. Frontline and advantix are crazy expensive to the other brands. Are they worth it for an indoor kitten?
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#38
Quote from bored08 View Post :
anyone care to recommend a brand for flea and tick prevention drops for a kitten. Frontline and advantix are crazy expensive to the other brands. Are they worth it for an indoor kitten?

I use frontline for dogs for my cats and use a syringe to measure out 50cl doses.....works out to $1 per dose ....the strength is ithe same just a lesser quantity.

ONLY DO THIS FOR Frontline.....

....google it
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#39
Ok this may sound stupid, but I have to ask anyway.

It doesn't say that livestock or live animals excluded from purchase.
"Valid on in-stock products only"
So technically, a bird or chinchilla is an in stock product. I'm sure live animals have POC codes in their system.
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#40
Are there any fish tanks that are simple? I just want to feed them and look at them. Not change the water and all that crap. Thanks for an input
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#41
Quote from d3alsrcool View Post :
Are there any fish tanks that are simple? I just want to feed them and look at them. Not change the water and all that crap. Thanks for an input
Please never buy a fish tank until your needs change - there is no such thing as a fish tank where you never have to change the water - those that don't have time to change the water greatly mistreat their fish.
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#42
Quote from scottl266 View Post :
No, it's not a unique barcode. Though the percentage of people that get taken to the 50% off coupon by clicking their email is probably very low - like 1%. So ACT SURPRISED if you use the 50% off coupon and it works.
Last year Bath & Body works had a coupon very similar to this, here is a link to the thread. https://slickdeals.net/f/3737146-Bath-and-Body-Works-In-Store-Mystery-Offer-Dec-20-24-20-30-or-40-off-No-Minimum?v=1

When I got there I walked up to the register and asked her if she could tell me which coupon I had...not surprisingly to me it was the 40% off coupon. She was ecstatic for me, and she told me I was the only one to have gotten one so far. I would suggest doing the same, find a cashier, ask them to check the value of the coupon first...then verify it's good on all sale items and your entire purchase. That way they don't get suspicious when you buy $500 worth of dog food, snacks, toys, aquarium filters, etc. when the coupon could have only been for 10% off. Make it seem like you are ONLY buying that much stuff because you are SO LUCKY!!! Then go back to the same person and watch how excited they are for you!
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#43
Thanks OP! Petco has all the ingredients for my favorite recipes
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#44
Quote from d3alsrcool View Post :
Are there any fish tanks that are simple? I just want to feed them and look at them. Not change the water and all that crap. Thanks for an input

Sure. I doubt they carry it.

http://www.amazon.com/Fascination...grid_i_0_2
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#45
Quote from d3alsrcool View Post :
Are there any fish tanks that are simple? I just want to feed them and look at them. Not change the water and all that crap. Thanks for an input
PLEASE do not buy any animals ever. Go buy a poster or that fake tank ob1pad01 mentioned.
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